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Your search keyword '"*STORAGE facilities"' showing total 2 results
Start Over Descriptor "*STORAGE facilities" Topic real estate investment Topic self-service storage facilities
2 results on '"*STORAGE facilities"'

2. Self-Storage Business Faces a Test.

Author

Karp, Jonathan

Subjects
*SELF-service storage facilities, *STORAGE & moving industry, *WAREHOUSES, *REAL estate investment, *STOCKS (Finance)
Abstract

The article reports that the self-storage business, which represents the best performing real-estate investment trust groups, is being tested for recession-resistance. Publicly traded-self-storage stocks posted 24% total returns through April 2008 as companies benefit from the housing crisis. But evidence shows that the slowing economy is beginning to hurt the self-storage business. Real Estate Investment Trust (REIT) executives admit there is pressure to lower prices for new customers and are cautious about on the demand outlook for the business.

Published
2008

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